SWIFT announced plans to add a blockchain-based shared ledger to its infrastructure to support 24/7 cross-border payments using tokenized assets and smart contracts.
The initiative, revealed at Sibos 2025, is being developed with Consensys and 30+ global banks including JPMorgan, HSBC, Citi, and BNP Paribas.
@swiftcommunity stressed the system is token-agnostic and interoperability-focused, designed to work across existing banking rails, public and private blockchains, stablecoins, and future CBDCs.
Despite community speculation, there is no official mention or confirmation of Ripple, XRP, or the XRP Ledger in SWIFT’s announcement or supporting documents.
This marks a shift from messaging-only rails toward a broader digital finance infrastructure, but integrations with specific crypto networks remain unannounced. #Swift #blockchain #Xrp🔥🔥
#singapore #crypto #implementation Singapore topped the world ranking of countries with the largest number of crypto transactions amid the growing popularity of stablecoins — World Crypto Rankings 2025 Report
Terra Luna Founder Do Kwon Sentenced to 15 Years in Prison.
🇺🇸 The United States has officially sentenced Terraform Labs founder Do Kwon to 15 years in federal prison over the historic collapse of TerraUSD (UST) and LUNA, a disaster that wiped out an estimated $40bn in market value and triggered a global crypto meltdown.
⚖️ Court documents show that Kwon pleaded guilty earlier this year to fraud related charges after prosecutors revealed he misled investors about the stability of $UST and secretly propped up the token’s price using hidden trading support.
🌎 The judge condemned the scheme as one of the most damaging in #crypto history, noting billions in losses and life changing financial harm suffered by victims worldwide.
💵 🇰🇷 Do Kwon was also ordered to forfeit over $19M, with potential additional actions still pending in South Korea.
⏰ This sentencing marks a major milestone in crypto regulation, sending a clear message that accountability in the blockchain space is no longer optional.
#crypto #markets #overview Speculative surpluses in the crypto market have been eliminated. Lower leverage = healthier market structure + less vulnerability to sharp drawdowns at the end of the year. — Coinbase Institutional Review
After a decade of silence, Silk Road wallets suddenly came to life
312 addresses of the once largest darknet marketplace Silk Road have been in motion for the first time in 10 years - more than $3 million in BTC have been transferred to an unknown address.
According to Arkham, there are still approximately $38.5 million worth of assets in these wallets.